e-commerce
SwopStore partners with Snitch
Mumbai – SwopStore, a leading e-commerce optimisation platform, has successfully partnered with Snitch, resulting in a significant revenue surge of approximately Rs five million. SwopStore’s strategic interventions, leveraging advanced analytics, targeted marketing strategies, and enhancements to user experience, have played a pivotal role in boosting Snitch’s market presence and profitability.
In this collaboration, SwopStore implemented comprehensive data analysis to identify key market trends and consumer preferences, enabling Snitch to tailor its offerings more effectively. Additionally, targeted marketing campaigns were designed to reach a wider audience, while user experience improvements were made to ensure a seamless and engaging shopping experience for Snitch’s customers. These combined efforts have not only increased Snitch’s revenue but also enhanced customer satisfaction and retention rates.
SwopStore CEO & founder Ayush Gupta commented on this successful partnership: “At SwopStore, our mission is to enable businesses to harness the power of data for tangible results. Our collaboration with Snitch is a testament to the potential of our platform in driving digital excellence and performance optimization. We are thrilled to see Snitch achieving such remarkable success and are committed to supporting their ongoing growth.”
Snitch CMO Chetan Siyal also shared their thoughts on the partnership: “Partnering with SwoStore has been a game-changer for us. Their advanced analytics and data-driven insights have significantly contributed to our revenue growth and operational efficiency. We are excited about the new growth opportunities this collaboration has unlocked and look forward to continuing our journey with SwopStore.
e-commerce
Flipkart cuts around 300 jobs in annual performance review
E-commerce giant trims ~1.5 per cent of workforce as IPO preparations continue.
MUMBAI: Flipkart just gave performance the pink slip because when the annual review bell rings, even the biggest cart sometimes needs to lighten its load. Flipkart has let go of approximately 300 employees as part of its annual performance management cycle, Moneycontrol reported on 7 March 2026, citing people familiar with the matter. The exits represent roughly 1.5 per cent of the company’s total workforce of around 20,000 people across its businesses.
The move follows Flipkart’s standard practice of asking employees placed in lower performance bands to leave during yearly reviews, a process the company has carried out periodically in recent years. A similar exercise in early 2024 saw around 1,000 employees (nearly 5 per cent of the workforce) exit.
The latest round comes amid Flipkart’s continued push for operational efficiency and cost discipline, mirroring broader trends across the Indian startup ecosystem where funding slowdowns have shifted focus toward profitability.
The development also arrives as Flipkart advances preparations for a potential domestic IPO. The company has held early discussions with investment banks including Goldman Sachs, Morgan Stanley, JP Morgan and Kotak Mahindra Capital to explore feasibility. Industry sources indicate a possible listing timeline of late 2026 or early 2027, though the final size and schedule remain undecided.
In December 2025, Flipkart received National Company Law Tribunal approval to shift its holding company domicile from Singapore back to India. a key regulatory step that simplifies the group structure ahead of a public market debut.
Controlled by Walmart, Flipkart remains one of India’s largest e-commerce platforms, locked in fierce competition with Amazon. In a market where every rupee counts and every headcount is scrutinised, the latest cuts aren’t just housekeeping, they’re part of a bigger balancing act between growth ambitions and the road to listing.
